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Build To Rent vs. Build To Sell - Thoughts
jonathonkey7
#21 Posted : Wednesday, August 23, 2017 1:32:03 PM
Rank: Hello


Joined: 8/23/2017
Posts: 2
The truth in hand is that this deal of land is not a financially aspect of good worth, if the person can manage the retail business and still chooses this then you need charisma not only guts to work out this project - airprint for windows. E-Commerce can be a tricky business to cope up with so in time try to figure out efficient ways to get best profit and live the life.
tinker
#22 Posted : Wednesday, August 23, 2017 5:05:53 PM
Rank: Member


Joined: 11/15/2010
Posts: 454
Location: Nairobi
Angelica _ann wrote:
By the time you go into a 27-30m plus projects, do you have experience in executing 'smaller' projects .... 3-5m, 5-10m?

I like your advise. Such advise would have really helped "a friend of mine" who was at a similar situation few years ago.
....He who began a good work in you will carry it on to completion..
kayhara
#23 Posted : Wednesday, August 23, 2017 7:59:40 PM
Rank: Veteran


Joined: 5/5/2011
Posts: 1,059
Currently it's a renter's market both in Nairobi and Mombasa the investors got greedy and outpriced everyone the Somali piracy money, the corruption money dried up or moved into hotels, if you are looking to buid to sell you better have money to finance your building and not bank loan, it will take you years to move all your units, also for renting you need to check which market you are targeting, 3 bed and upvis a hard sell, single rooms, bedsitters, and one bedrooms are hit cake, 2 bedroom is at the middle but once you move to the 2 bed you need to provide parking, either way to break even you need to be able to finance upwards of 70% of the building costs and remember people stopped buying off plan
To Each His Own
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